Unemployment: Nigeria Sitting On A Keg Of Gun Powder – Obasanjo

OBJFormer President  Olusegun Obasanjo has said Nigeria is sitting on a keg of gun powder because of its high unemployment  rate.

Obasanjo who  said this  while delivering the 16th Annual Lecture of the Agricultural and Rural Management Training Institute in Ilorin, Kwara State on Thursday identified the development of the agricultural  sector as not only capable of providing massive jobs for the country’s teeming youths but boosting foreign exchange earnings.

The Ota farmer said, “The number of Nigerian universities is going to about 150 now, we have a problem. The students coming out of the universities do not have hope of getting employment. This means we are sitting on a keg of gun powder. An idle hand is the devil’s workshop. But a hopeless idle hand is a tinder box.”

Obasanjo, who spoke on ‘Managing agriculture as a business: A practitioner’s perspective,’ said agriculture should be seen as business not a pastime requiring little or no business and management skills.

Obasanjo however added that the trend  could  be reversed  if  agrobusiness operators began to acquire  management skills for their businesses.